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Now on bbc news. joe tidy reports on president nayib bukele s bitcoin plans in el salvador, with investment of more than $300 million of public money and plans to build a bitcoin city . el salvador is the only country in the world where you can buy almost anything with bitcoin. buenos dias. si, caballero. last september, the country s cryptocurrency loving president took the unprecedented decision to make bitcoin legal tender. this will generate jobs and help provide financial inclusion to thousands outside the formal economy. around the world, the move is being criticised by the financial establishment and celebrated by crypto fans. so we are following developments closely. and now el salvador is leading the way, you know? we re proud. ....
Now on bbc news, joe tidy reports from el salvador on the president s bitcoin plans, with investment of more than $300 million of public money and plans to build a bitcoin city . el salvador is the only country in the world where you can buy almost anything with bitcoin. buenos dias. si, caballero. last september, the country s cryptocurrency loving president took the unprecedented decision to make bitcoin legal tender. this will generate jobs and help provide financial inclusion to thousands outside the formal economy. around the world, the move is being criticised by the financial establishment and celebrated by crypto fans. so we are following developments closely. and now el salvador is leading the way, you know? we re proud. but are the people ....
The pet hospital is the latest idea from the government to get people to embrace bitcoin. it s been nine months since the country s cryptocurrency loving president made bitcoin an officially legal tender alongside the us dollar. acceptande coin? si. many businesses now accept this digital currency, that started on niche internet forums. the novelty has created an uptick in so called bitcoin tourists, and the idea is spreading. the central african republic has also made bitcoin legal tender. for el salvador, bitcoin take up is being led by a highly marketed and heavily subsidised app called chivo. everyone in this poor central american country gets $30 of bitcoin free just for signing up. gilberto sandoval is accepting money from his sister in guatemala through the app. it s saving him a fortune in cross border fees. ....
July were triggered by the imprisonment ofjacob zuma, but there were some underlying causes that have fuelled the intensity of this unrest, and that will expose the country to new waves during the next month as the country struggles to recover from the covid pandemic and continues to suffer from the existing inequalities and high levels of unemployment among the youth in south africa. so much more to discuss, so many challenges facing south africa at the moment but sadly we have not got time. thank you forjoining us from jo your risk intelligence company. stay with us on bbc news, still to come: and, el salvador becomes the first country to make bitcoin legal tender. are others likely to follow? freedom itself was attacked this morning, ....